local laws to landlord .Appreciation potential ?

As well as I have a cosigner who would be willing to sign the note (although he doesn't make a lot he has an additional $2M worth of real estate).So here are my questions:1) I know there are some legal issues with trying to raise money from private individuals for real estate purposes and I don't want to do something that might end me up in trouble with the law.

Most states have verbal lease laws that they would still have to adhere to which are usually very lenient and tenant favorable.

This isn't legal advice, and I don't have a real-world example, but some coverage issues to pay attention to might include injuries to common law employees, injuries involving liquor, and punitive damages for gross negligence.Keep in mind that umbrella insurance policies are negotiated contracts like any other insurance policy.

Your agent can not write their own as that would be the practice of law.

Also, if you add a financing clause to your purchase offer then it should give you more flexibility as far as having time to shop around for a good loan (Verify with your agent, laws differ across states).

We're learning a lot from each other and from BP, and we're pretty lucky to have each other and to have found BP.We'd like to house hack, so we'd like to get something like an in-law suite, or a 2, 3, or 4 unit multi-family residential property.

You'll get better cash flow and less tenant-friendly laws.

Raising money isn’t a do-it-yourself project, you need the advice and guidance of legal counsel that specializes in securities law.

There are many subtleties in the RC laws in Oakland, so take the time to learn them on their website and you can always go into the RAP center on a walk-in basis and ask questions.